Morning News: Bidding process for PIA to be aired live – By WE Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The federal government has informed the Upper House of the Parliament to have initiated the process of privatising the Pakistan International Airlines (PIA) with Privatisation Minister Aleem Khan having assured the House that the bidding process involving the state airliner&rsquo;s privatisation would be &ldquo;aired live.&rdquo; &ldquo;Everyone has contributed to the destruction of PIA. What option do we have other than privatising it? PIA cannot be run like this. We just cannot afford to give 100 billion rupees every now and then to PIA,&rdquo; he said on the floor of the House on Wednesday.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The government has borrowing around 77 percent for financ...